BoozyDave

iTrader: (8)

I know prices of some models have gone up, but £25k for a P1

http://www.autotrader.co.uk/classifi...o=25000&page=5

joz8968

iTrader: (13)

My giddy aunt.

The Trooper 1815

iTrader: (31)

FFS it's not even specced with ALCON's.

The car will have a full service and lose the provinance - laughable spelling in the ad too.

harry007

I seen one for £27k....they are on the up!

ossett2k2

iTrader: (9)

Defiantly on the up.
Take the 22b now going for 125k
Wasn't that long ago that a 22b could be bought for 50-60k
And P1's for well under 10k

Iconic classics like these will always go up in price imo

cookstar

iTrader: (6)

Are they actually selling for these prices though?

ossett2k2

iTrader: (9)

I would say a good chance of a good one selling for around that price.
This one sold for 14k at auction a while back and wasn't in the best of condition:
http://www.classiccarauctions.co.uk/...aru-impreza-p1

jayallen

iTrader: (31)

You'd have to be hooked on crystal meth paying £125k for a 22b when you could buy a Gallado and 3 RA-R's for the same money.

Just let that sink in for a minute.....

STI -V4

The one in question at £25k was sold in a BCA auction a few months ago for £14500. Although low miles, 1 owner and full Subaru history it still had rust appearing on rear wheel archs and scuffed bumpers..!

ossett2k2

iTrader: (9)

More money than sense springs to mind but then the people paying this sort of money for them probably have a Gallado and a Ferrari and what ever else takes their fancy.
http://www.carandclassic.co.uk/car/C808752

LSherratt

iTrader: (1)

That will never sell at that price. Maybe if it had 20k on the clock instead of 75k and if it also had the Prodrive upgraded brakes and original stereo still, then yes.

SteveB

iTrader: (1)

The P1 didn't come with a Stereo...

I bought one new and had it for 4 years..

Steve

Don Clark

Was the first car I'd bought without a radio.

Original Stereo - you were spoilt for choice .....

LSherratt

iTrader: (1)

That monochrome LCD satnav display . I wonder how many factory Satnavs were spec'd?

mike74

Got nothing at all to do with this car becoming more desirable and everything to do with the BoE printing billions of pounds of money out of thin air and keeping interest rates at effectively zero.

ossett2k2

iTrader: (9)

Don't agree
Look at what price you will pay for an 80's iconic car such as Sierra cosworth,pug 205gti,xr2,xr3,golf gti,Astra gte etc....
Classic standard and clean examples will always go up in value.

mike74

And it's only in the last few years that these have shot up in value, again all thanks to QE and ZIRP.

There are far bigger economic factors influencing the prices of classic/sports/performance cars than just their desirability.

It's just Tulip bulb mania (google it if you're unfamiliar with the term)... but with cars.

There's a difference between classic cars appreciating in value and classic cars being caught up in insane, speculative asset price bubbles... and I certainly know which of those scenarios we're seeing at the moment.

NOSSY_89

Agree with you mate

Its not just classic cars but most cars and its because of cheap credit

Take the price of a 10 year old Bimmer say 5 years ago vs a 10 year old Bimmer being sold now. Even with inflation etc the prices are staying high.

We have so many different finance deals available that you can literally walk into a showroom and buy a brand spanking new car with little to no effort. Its also happening to many other items such as phones. You literally have deals know that look like pcp on cars but instead its to buy a phone.